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OK....before anyone hits me with the question. No I do not work for D&B and I am not a paid official spokesperson.
Anyone calling them a dinosaur needs to get a little up to date themselves. They still are, by far, the largest information reporting company in the world. And the one thing they have done lately is acknowledge some of their processes are a little outdated and information processing is slower than the business world and electronic age demands.
Anyone ever try to do business with the Government? You can bet that in most cases if you don't have an active DUNS #, you will be prompted to ensure you get one. Wanna get on the supplier list of the Fortune 500 companies? You can bet not having any information out there might set you to the back of the line.
On a local-to-local basis, you don't and won't need D&B. But if you intend to do business outside of your normal vicinity, making sure your D&B report is up to date is necessary.
And BTW....large companies do Supplier Validation checks. No one wants to enlist a supplier and depend on them for a core product if they aren't stable these days.
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